Actuarial science

Türkiye's school life expectancy (SLE), the estimated amount of time that a primary school-aged person in Türkiye will likely spend in school until they reach their highest level of education, was calculated to be 17.9 years in 2023, data from the Turkish Statistical Institute (TÜİK) have shown.

Individuals with higher levels of education have longer life expectancies overall in the country, while life expectancy is shorter for those with lower levels of education, data from the Turkish Statistical Institute (TÜİK) showed.

Ethniki Insurance showed losses of 38.4 million euros (€36.1 million at group level) in 2023, a result that was burdened mainly by the damaging effect of the old health portfolio as well as compensation for damage caused by Storm Daniel.

The Cyprus banking sector experienced a significant surge in profitability by the end of 2023, according to the key financial indicators published by the Central Bank of Cyprus (CBC).

The National Statistical Institute (NSI) data reveals that the anticipated average life expectancy for Bulgaria's populace, projected for the period spanning 2021 to 2023, stands at 73.5 years. This marks a notable uptick of 1.6 years compared to the preceding timeframe of 2020 to 2022. However, it remains slightly below the pre-pandemic levels, surpassing 74 years.

Everything appears to be proceeding smoothly and insurer CNP Cyprus will soon be under the ownership of Hellenic Bank. Sources suggest a favorable outcome may be reached by the weekend.

The sustainability of the social security system is considered assured until the distant 2070, according to a new study by the National Actuarial Authority submitted to the competent department of the European Commission.

The government will fund medications and specialized foods for individuals over 18 with rare diseases, but eligibility hinges on starting treatment before adulthood. These changes, proposed by lawmakers from four parliamentary factions, are criticized by the non-governmental organization "Community Bridges Association" for being discriminatory.

The most recent data from Eurostat, released on Thursday, indicates that in 2022, life expectancy at birth within the European Union is on an upward trajectory compared to the years preceding the pandemic. Nonetheless, it still falls short of the levels observed in 2019.

Life expectancy and living standards increased in wealthy countries